Coca-Cola Company To Invest $2 Billion In Florida Oranges

The Coca-Cola Company (NYSE:KO) has announced that it plans to invest $2 billion in Florida orange groves. The soft drink manufacturer announced the move earlier this morning at a press conference at its production plant in Auburndale, Florida. At time of writing, the market seemed unperturbed by the news, and stock in The Coca-Cola Company (NYSE:KO) increased by a fraction. According to the plan, The Coca-Cola Company (NYSE:KO) will use the money to facilitate the planting of 25,000 acres of new orange trees in the Sunshine State. The oranges will most likely be used in the manufacture of juice brands owned by…